Bank of Nevada

Big Apple Cleaners has been a mainstay in the Las Vegas hospitality industry since its founding in 1985. Over the years, the increased demand has maxed out the capabilities at its current location. The solution: a new location that will double Big Apple’s capacity. To furnish the new facility with the necessary equipment, Western Alliance Bank helped the company secure an SBA 504 loan plus a line of credit to provide additional working capital during the transition.

Homeownership has long been a cornerstone of wealth building and financial stability. However, many prospective buyers face significant challenges in saving for a down payment. What many buyers don’t know is that there are programs out there that can help. The Federal Home Loan Bank allocates approximately $12 million annually to down payment assistance. Historically Western Alliance Bank has facilitated a majority of them and is the largest bank source of these grants year after year in all of Arizona, California and Nevada. Learn more about our commitment to doing good in our communities: https://lnkd.in/e-qrY9Qv

Discover how cutting-edge technologies are simplifying accounting processes and maximizing investment returns for the gaming industry. From automated transactions to fraud protection measures, there are many innovative solutions available to safeguard your assets and streamline operations. Read more about it in our latest article on banking for the gaming industry: https://bit.ly/44NOe1X #CommercialBanking #Banking

We are proud to announce the promotion of Philip Potamitis to Nevada Market Head. Philip is expanding his role at the bank, assisting in the coordination of our efforts across Nevada. He has been a leader in the Nevada market and the Senior Managing Director of our successful gaming division for the past six years. He also has nearly 29 years of banking experience in various industries including hospitality, manufacturing, healthcare and gaming. Please join us in congratulating Philip on his new role! This change reflects our sustained commitment to both the gaming industry, as well as our commitment to providing clients and our banking teams with strong local leadership in our vibrant and growing Nevada market.

For Martin Harris Construction, it's about more than just transactions – it's about relationships. As Frank Martin shared, “It’s easy to have a one-way relationship with your bank – that’s what I had with my other bank. My job was to deposit money and that’s it. With Bank of Nevada, there is constant contact. They are always in touch." With our personalized banking approach, we were able to partner with Martin Harris Construction while upholding and sharing their values. Read more about the banking journey that led Martin Harris Construction to Bank of Nevada: https://bit.ly/3WTFPb4 #CommercialBanking #Banking #CommercialRealEstate

Looking for options to earn high rates on your casino’s accounts? A Money Market Fund investment sweep is an efficient way to achieve this type of goal. After choosing a target balance for a funding account, any funds over that amount are automatically swept into a Money Market Fund, where they earn a higher interest rate. Read more about it in our latest Insights Article found here: https://bit.ly/4bwmQHP #CommercialBanking #Banking

Although Joseph Snider, founder of Joe’s Roofing, opened his account online, he was pleasantly surprised to discover that a personalized banking relationship remained key for First Independent Bank, a division of Western Alliance Bank. “It has been crucial to have a competent and trustworthy banking partner to help our business grow,” Snider said. “We value the personalized support and accessibility of our banker, knowing we can reach out anytime with inquiries or issues.” Read more about Joe’s Roofing and Snider’s experience here. https://lnkd.in/gzJnSEua

Foundation Gaming attributes its success to experience and management rather than luck. With their key executives previously collaborating, the industry veterans formed Foundation Gaming to leverage their expertise, resulting in the ownership of two thriving properties in Mississippi and plans for expansion into other markets. Western Alliance Bank’s Gaming Group played a crucial role in refinancing the company's original acquisition and funding capital improvements for both properties. Read more about their story online here: https://bit.ly/3Qul7KL #SmallBusiness #CommercialBanking

Your small business deserves customized solutions with personalized attention and a local expert banker who knows your industry. With our passionate small business bankers, they make sure your banking works for you. You can work with Malik Massey in our Las Vegas office. Learn more by visiting us online at https://lnkd.in/gYFHNa3V

According to the Small Business Administration (SBA), there are more than 30 million small businesses in the United States. With a record-breaking 5.5 million new business applications filed in 2023, that number is only growing. Discover what new small business owners should keep in mind when choosing a banking partner. Click here to start your online application to connect with a banker today. https://lnkd.in/gD8e4BBy #SmallBusiness #BusinessBank #BusinessOwners